The Central Bank of Russia is changing the procedure of calculating and publishing the official foreign exchange rates as the value of the ruble against the US dollar plummeted over the past few we...

AUD/USD has been losing ground amid the firm US dollar. The slowdown in the Chinese economy has been affecting the Aussie. Traders are eying Australian employment data and Fed’s rate decision this week. The AUD/USD price tumbled to the daily lows of 0.7250, losing around 0.50% at the time of writing. The downside is attributed … Continued

The post AUD/USD Price Falls to 0.7250 ahead of Fed’s Rate, Aus Jobs Data appeared first on Forex Crunch.

If you are in the business of trading currencies, or you are looking to dive into this liquid market, you will first want to ensure that you choose a good broker. Things to look out for in a foreign exchange broker include the safety of the service, Trustpilot reviews, account features, and the ability to […]

The post Qualities to Look For When Choosing a Forex Broker appeared first on Fintech News.

President Biden called last week for an urgent, government-wide focus from the U.S. into the research of a potential Central Bank Digital Currency (CBDC) in an executive order. It’s a move that’s been a long time coming—American efforts in the space have lagged far behind some other countries, including China, which has already launched a pilot for its own digital yuan. Discussion on what shape that research may take – and whether it’s beneficial for the U.S. to seriously take a look at investing in a digital dollar – was the subject of last week’s meeting of the Chicago Payments

The post Could a Central Bank Digital Currency be in the Cards for the U.S.? first appeared on FinTech Rising.

Billionaire venture capitalist Chamath Palihapitiya, who is the founder and CEO of investment firm Social Capital, is pushing back on the notion that Russia’s invasion of Ukraine will be a net positive for cryptoassets at the expense of the US dollar. Palihapitiya, who has been a supporter of cryptoassets, says that Russia’s invasion of the Ukraine and […]

After ten years of inactivity, peer-to-peer (P2P) file sharing software LimeWire returned with a new look – an NFT Marketplace to support true artists and content creators. On its official website, the project also says, “LimeWire is back to bring digital collectibles to everybody.” On Wednesday, LimeWire officially announced its launch of an NFT marketplace [...]

The post LimeWire Returns With NFT Digital Collectibles Marketplace appeared first on Blockonomi.

OKEX or OKX, as they have recently rebranded to (more on that later), is a large cryptocurrency exchange and one of the OG’s in the crypto space established all the way back in 2016. Using its expertise in the spot market, OKX offers its users the opportunity to trade Futures, perpetual swaps and options markets. In […]

The post OKX Exchange: Complete Rebranding Overview appeared first on Coin Bureau.

Fir Tree Capital Management is shorting Tether’s stablecoin amid the increased regulatory scrutiny and the fears over ties to the Chinese debt market as we can see more today in our latest Tether news. Fir Tree Capital is a $4 billion hedge fund and it is shoring Tether as the biggest stabelcoin on the market […]

The New Zealand dollar’s mini-rally has come to a halt, as NZD/USD has posted slight losses. In the North American session, NZD/USD is trading at 0.6845, down 0.21% on the day. NZ Manufacturing PMI expands New Zealand’s manufacturing sector posted strong numbers this week. Earlier today, Manufacturing PMI accelerated to 53.6 in February, up from […]

The US dollar continues to pummel the Japanese yen. USD/JPY pushed above the 117 line earlier today for the first time since January 2017. USD/JPY is up 0.61% on the day and has recorded a massive gain of 1.76% this week. We continue to see sharp volatility in the currency markets and the Japanese yen […]

Bitcoin cash price started a fresh decline from the $320 resistance against the US Dollar. The price is now trading below the $300 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $290 on the 4-hours chart of the BCH/USD pair (data feed...

The post Bitcoin Cash Analysis: Bearish Signs Below $300 appeared first on Live Bitcoin News.

EURUSD, H4 The European Central Bank (ECB) left interest rates unchanged yesterday, but surprised by announcing the end of the APP asset purchase program in Q3, with accelerating cuts in April at 40 billion euros, 30 billion euros in May and 20 billion euros in June compared to the previous schedule of EUR 40 billion […]